Older borrowers struggle to repay federal student loans

New federal data from the Department of Education confirm retirement-age borrowers are struggling to repay their federal student loans. About 60% of borrowers over age 62 have been making federal student-loan payments for more than 15 years. Tia Caldwell is a policy analyst with the Education, Opportunity and Mobility Initiative at the nonprofit New America - who said she suspects many other borrowers have been paying even longer. ...

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